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Apple's Global Roaming Plan

By

Dan Gallagher

March 4, 2014 2:14 p.m. ET

"Designed by Apple in California" is a slogan familiar to anyone who has unwrapped an iPhone. But the U.S. technology giant's recent moves underscore its increasing dependence on overseas markets to fuel growth.

On Tuesday, Apple announced that Chief Financial officer Peter Oppenheimer will retire after a decade in the post. His replacement is Luca Maestri, who joined the company only a year ago after a two-year stint as the CFO of Xerox. He also boasts a long career of deep international experience at companies...